Live Updates

16

May 2026
China Aluminium Output Tops Caps as Gulf Disruptions Drain Stocks and Fuel Price Volatility

China’s aluminium output exceeded caps amid strong prices; inventories may tighten, risking deficits, bottlenecks, and volatility.

16

May 2026
S&P 500 Rally Falters Near 6,200 as Sellers Emerge and Downside Protection Gains Appeal

S&P 500’s rally looks vulnerable as selling increases, signalling fading momentum and risk of deeper pullback.

16

May 2026
Russia’s reserves hit $771bn, buoying rouble and complicating sanctions while lifting oil and hedging demand

Russia’s central bank reserves climbed to $771bn from $757.5bn, marking a $13.5bn increase overall.

16

May 2026
USD/JPY Extends Rally as Higher US Yields and Fed Tightening Bets Keep Yen Under Pressure

USD/JPY nears 158.55 as strong US data lifts yields, rate-hike odds; Japan inflation, intervention cap gains.

16

May 2026
SocGen Sees US Yield Divergence Capping Sterling, Forecasts GBP/USD at 1.32 by End-2026

US-Iran conflict lifts US yields; other countries’ rates rise too, limiting dollar gains; SocGen sees weaker pound.

16

May 2026
KOSPI hits record on tech surge before profit-taking rout as rate-hike fears weigh

KOSPI hit record on tech rally, then reversed sharply as Samsung slumped; US futures fell on inflation.

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